ICT

Luxembourg is a globally recognised hub for information and communication technologies (ICT) and further positioning itself as a centre of excellence in cybersecurity and data protection.

At end of 2016, the European Commission published a study on digital transformation ranking Luxembourg # 6 in the EU and #4 for digital infrastructure, investment and access to funding and e-leadership.

ICT expertise is critical for Luxembourg as it underpins the sustainable development of many other important sectors. As a “big data” hub, Luxembourg offers an excellent location for the development and internationalisation of ICT companies as well as for innovation. Supported by efficient public research infrastructures and projects, this market offers plenty of opportunities for start-ups, SMEs and large enterprises.

ICT expertise is thus underpinning the sustainable development of other important sectors in Luxembourg, such as the financial, media, clean tech, logistics, automotive and space sectors.

The financial sector depends strongly on the fact thatLuxembourg has become one of Europe’s top locations for ICT infrastructures (data-centres, connectivity and Internet traffic) and offers specialised expertise to keep their data safe. This is also true for the emerging biotech industry in Luxembourg, which also relies heavily on confidentiality of medical data.

Luxembourg’s ranking among the top countries for ICT, the presence of numerous global players in the country as well as many start-ups, the creation of thousands of jobs all point to one conclusion: ICT IS THE NEW VECTOR OF ECONOMIC DEVELOPMENT OF LUXEMBOURG.

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Leading the way towards a digital nation

The aim of the initiative "Digital Lëtzebuerg" is not only to respond rapidly and with agility to this profound ongoing transformation, but also to guide and shape this transformation by evolving Luxembourg into an ultra-connected, innovative and dynamic place; in short, a world-leading digital nation.

Life Sciences

Start-ups

Luxembourg’s start-up ecosystem has grown by leaps and bounds in only a few years to become an attractive investment hub for many start-ups and innovative companies hoping to access the different national markets in Europe.

Skilled Crafts

Finance

Long established as a world leader in the twin sectors of fund administration and private banking, Luxembourg is the eurozone's leading financial centre and # 12 in the world. It is the second largest for investment funds globally thanks to its pre-eminent role in the European market and as service provider in Asia, the Middle East and South America.